Section 168(3)

The criteria for assessment are that— the plan must include the details specified in section 48H(2) of the Banking Act 2009; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . the arrangements proposed in the plan would, if implemented, be reasonably likely to restore the long-term viability of the group entities, or parts of the business of the group entities, in respect of which a relevant bail-in power has been exercised and of the whole or part of the relevant group. the arrangements proposed in the plan must be based on realistic assumptions as to the economic and financial market conditions under which the group entities will operate; the plan must take account of the current state of the financial markets and their future prospects, reflecting best-case and worst-case assumptions, including a combination of events allowing the identification of the group entities' main vulnerabilities; and the assumptions made in the plan must be compared with appropriate sector-wide benchmarks.

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Source: legislation.gov.uk · retrieved 2026-09-04